Gifts of Appreciated Securities

Transfer of Appreciated Securites to Goddard

Giving appreciated securities to Goddard College may be preferable to giving cash. Federal tax law offers special incentives for non-cash gifts, particularly if that property has appreciated. When you give a gift of stock, you avoid capital gains tax. Gains are taxable if you were to sell the stock yourself, but not if you gift it to Goddard College.

Your charitable deduction for federal income tax purposes is based on the full fair market value of the stock on the date of stock transfer. You receive credit from Goddard College for the full fair market value, but the cost to you is only your original purchase price.